09/22/2025
The Italy EDC meets tonight at 6pm. Topics up for discussion include possible development plans for the 67 acre property on Kinfolk Ln, and purchasing the old McConnell Furniture building at 101 E Main Street. Both topics were discussed at the last meeting and are continuing tonight.
Nothing has been finalized. These are just ideas being considered.
The information below is a summary from the last meeting.
Plans for a housing development are being considered for the 67 acre property. The EDC is considering the overall benefit of developing the land in stages versus selling it undeveloped. A couple unknowns were total infrastructure cost and the situation regarding water. Development would be done in sections to minimize up front infrastructure cost. Rough estimation is room for around 100 houses depending on final lot sizes with emphasis on affordable housing.
The building at 101 E Main St is in a state of disrepair. It is not worth fixing and needs to be torn down. If acquired, the plan being considered is for the EDC to cover demolition costs, then to use the property as a parking lot until a long term plan can be established. The last price mentioned was $7,500 + closing costs. The main goal is to secure the property to ensure its future use is in benefit to the city. A parking lot could help nearby businesses, be used for event space, etc, in the short term, for immediate local impact.